Paramount's CEO Bob Bakish was ousted on Monday night. His exit bodes well for film studio Skydance Media, which is vying to buy Shari Redstone's controlling stake in the entertainment giant.

5 in the event that the media conglomerate’s independent special ... If it reaches a superior proposal, Paramount would pay Skydance a $400 million breakup fee. It would also be responsible ...

In the latest twist in the Paramount Global M&A saga, Skydance Media is alleging the media company breached the terms of their merger agreement by engaging with a rival $6 billion bid from ...

Skydance Media is accusing Paramount’s special committee of directors of breaching the terms of its deal by extending the period when it can engage with other bidders for the company ...

Skydance Media is accusing Paramount Global’s special committee of directors of breaching the terms of its deal by extending the period of time when it can engage with other bidders, the Wall ...

(Bloomberg) -- Producer David Ellison’s Skydance Media is set to become the new owner of Paramount Global after Seagram Co. heir Edgar Bronfman Jr. dropped out, ending one of the industry’s ...

Liquor scion Edgar Bronfman Jr. is preparing to bid for Paramount Global less than a week before a pending $8 billion merger with Skydance Media becomes official, according to a report.

Paramount Global has a gaming problem — and Skydance Media could be the solution. Earlier this month Paramount and its controlling shareholder Shari Redstone agreed to sell the company to David ...

Edgar Bronfman’s late-breaking, $4.3 billion offer to acquire Paramount Global argues that it avoids the “inequitable governance arrangement” of the $8 billion bid by Skydance Media and ...

Billionaire entertainment executive Edgar Bronfman Jr. has bowed out of his long-shot bid to gain control of Paramount Global, clearing the way for David Ellison’s Skydance Media to claim the prize.

Paramount Global, the owner of CBS News, has made a multibillion-dollar deal to merge with the film production company Skydance Media. To make that possible, Skydance is buying another company ...